AAU 25.0% 0.3¢ antilles gold limited

" But that strategic review is still underway so lets see what...

  1. 27,157 Posts.
    lightbulb Created with Sketch. 82
    " But that strategic review is still underway so lets see what comes of it"
    The deadline is September 2025,or am I mistaken?

    " in 2024/25 which will minimise dilution, merger opportunities and the potential buy-back of shares to offset past dilution if a significant proportion of the claims from recently completed arbitration proceedings are received.
    “It is an appropriate time for a change in how Antilles Gold is structured and managed in the future, and to review what our priorities should be going forward,” said executive chairperson Brian Johnson."
    To me, this oozes a lack of direction, or a board unable to think as one.
    Luck, or a lack thereof has taken some of the options out of the revues purview.
    The company needs a diamond drill rig of its own, like a year ago.
    Fancy been limited to a depth of 300 mtrs for an exploration company, in copper elephant country.
    IMO, this alone should have been a high priority.
    Evidently, walking and chewing gum, is a bridge too far.
    Take the best money making project the company has, and get it over the line,the rest will follow, no more need for a review.
    Raider

 
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